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1-50 - Standard Coverage Policy Form-~Nev. Polinj of ®itU Jnauranre issued by P i o n e e r T i t l e I n s u r a n c e a nd T r u s t C o m p a n y Pioneer Title Insurance and Trust Company, a corporation of California, authorized to do busi­ness in Nevada, herein called the Company, for a valuable consideration paid for this policy of title insurance, the number, date, and amount of which are shown in Schedule A, does hereby in­sure the parties named as Insured in Schedule A, together with the persons and corporations in­cluded in the definition of “the insured” as set forth in the stipulations of this policy, against loss or damage not exceeding the amount stated in Schedule A which the insured shall sustain by reason of: 1. Title to the land described in Schedule A being vested, at the date hereof, otherwise than as herein stated; or 2. Unmarketability, at the date hereof, of the title to said land of any vestee named herein, unless such unmarketability exists because of defects, liens, encumbrances, or other matters shown or referred to in Schedule B; or 3. Any defect in, or lien or encumbrance on, said title, existing at the date hereof, not shown or referred to in Schedule B; or 4. Any defect in the execution of any mortgage or deed of trust shown in Schedule B securing an indebtedness, the owner of which is insured by this policy, but only insofar as such defect affects the lien or charge of such mortgage or deed of trust upon said land; or 5. Priority, at the date hereof, over any such mortgage or deed of trust, of any lien or encumbrance Upon said land, except as shown in Schedule B, such mortgage or deed of trust being shown in the order of its priority in Part Two of Schedule B; all subject, however, to Schedules A and B and the Stipulations herein, all of which schedules and stipulations are hereby made a part of this policy. In Witness Whereof, Pioneer Title Insurance and Trust Company has caused its corporate name and seal to be hereunto affixed by its duly authorized officers on the date shown in Schedule A. LAS VEGAS, NEVADA 125 South'Fourth Street mb Page 1 of Policy iiu____ m This Policy consists nf eleven pages, which are numbered at the end of each page.